HYB vs. VFL, AWF, ASA, DMF, DSM, LEO, EVN, VPV, JOF, and JHS
Should you be buying The New America High Income Fund stock or one of its competitors? The main competitors of The New America High Income Fund include abrdn National Municipal Income Fund (VFL), AllianceBernstein Global High Income Fund (AWF), ASA Gold and Precious Metals (ASA), BNY Mellon Municipal Income (DMF), BNY Mellon Strategic Municipal Bond Fund (DSM), BNY Mellon Strategic Municipals (LEO), Eaton Vance Municipal Income Trust (EVN), Invesco Pennsylvania Value Municipal Income Trust (VPV), Japan Smaller Capitalization Fund (JOF), and John Hancock Income Securities Trust (JHS). These companies are all part of the "investment offices, not elsewhere classified" industry.
abrdn National Municipal Income Fund (NYSE:VFL) and The New America High Income Fund (NYSE:HYB) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, community ranking, institutional ownership, risk, valuation, media sentiment, earnings and analyst recommendations.
In the previous week, The New America High Income Fund's average media sentiment score of 0.00 equaled abrdn National Municipal Income Fund'saverage media sentiment score.
abrdn National Municipal Income Fund pays an annual dividend of $0.43 per share and has a dividend yield of 4.3%. The New America High Income Fund pays an annual dividend of $0.44 per share and has a dividend yield of 6.2%. abrdn National Municipal Income Fund has increased its dividend for 1 consecutive years.
The New America High Income Fund received 77 more outperform votes than abrdn National Municipal Income Fund when rated by MarketBeat users.
abrdn National Municipal Income Fund has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500. Comparatively, The New America High Income Fund has a beta of 0.8, meaning that its share price is 20% less volatile than the S&P 500.
Summary
The New America High Income Fund beats abrdn National Municipal Income Fund on 3 of the 4 factors compared between the two stocks.
Get The New America High Income Fund News Delivered to You Automatically
Sign up to receive the latest news and ratings for HYB and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding HYB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
The New America High Income Fund Competitors List
Related Companies and Tools
